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Technology Stocks : Micron Electronics (MUEI) -- Ignore unavailable to you. Want to Upgrade?

To: joshi who wrote (2425)	11/21/1997 9:20:00 PM
From: LWolf	Read Replies (2) \| Respond to of 4074

joshi - >>DELL went to ordering over the web and then Compaq coppied the idea. Micron should too.<< Micron has a website for ordering. That's how I ordered by PC XRU-266 last summer. They're currently redesigning it and have a place to provide feedback. I completed the survey earlier in the week, and suggested they add an a 'real' area for corporate news, announcements, etc. for their shareholders. (Also that CISCO had a good model they could look at). L. Wolf

To: joshi who wrote (2425)	11/21/1997 10:45:00 PM
From: Lee Martin	Respond to of 4074

<< At the same time, most companies that get bought out are in financial tip top shape. Is MUEI? A buyout wont happen for a while if it happens at all. Remember, its not their choice its MU's.>> Joshi, TXN just bought AMATI which has had neg earnings for the last couple of years. Consolidation has occurred in every group in the tech sector. A couple of years ago it was the DD's, lately it's been the networkers, hopefully soon it will be the PC's, semi's, and semi equips and maybe the DD's again. The strong buy out the weak and the whole group benefits. IMO when the $500 PC becomes reality only the strongest tech co's will be able to remain profitable. The rest will either merge or just fade away. Remember in a commodity business the lowest cost producer wins. Back to my thesis that MUEI would be a good takeover candidate for one of the big boys like CPQ. Eckhart Pfieffer has said that CPQ's goal is to have $50B in sales by 2000 (2001?). Currently they don't have the capacity to accomplish this goal. They are adding new capacity as fast as they can. An additional challenge is finding and training all the skilled techs. required to operate all this new capacity. MUEI has 96M shares outstanding. If CPQ was to offer say $18/share for MUEI they would pay $1.7B. IMO if CPQ were to calculate the cost of building the facilities that MUEI has in place and recruiting, hiring, and training the work force that MUEI has in place, it would be well in excess of this price. For $1.7B (which is pocket change for them) CPQ would have instant additional capacity, a firm presence in the direct sales market, one less competitor, and a more stable PC industry. As I've said before, I think CPQ knows this already. I believe it's MU that's gumming up the works. WOULD SOMEBODY PLEASE WAKE UP MR. SIMPLOT AND TELL HIM IT'S TIME TO SELL MUEI ? Regards, Lee